Bpm

A niche segment known as BPM or Business Process Management within the corporate category grew at fabulous double-digit figures even during tough economic times. Boston-based Delphi Group predicts the total market of BPM software to exceed $5 billion by 2004 and Gartner puts the projection at $8 billion by 2005. Today's growing competition in business calls for the ability to execute business processes that encompass multiple applications in a "productionised" manner to meet the bottomline and the topline targets.

By Neha Singh Verma, TimesJobs As more and more companies realise the impact of effective business process management, the demand for qualified business process managers will continue to grow... Over the last decade, the BPO industry and careers have evolved from just an outsourcing utility to an innovation hub. This is in all kinds, from technology services to extracting actionable business insights to ensuring long-term client engagements. In its new and improved avatar, it's...

MUMBAI: Bullish on India, US-based Savvion, a provider of business process management (BPM) solutions, is planning to set up a new development centre in Pune. The company is targeting top-rung Indian firms with its offerings and is forging a global alliance with Tata Consultancy Services (TCS) to provide TCS customers with BPM solutions. BPM allows direct execution of business processes without costly and time-intensive development of the required software. In addition,...

NEW DELHI: As information technology companies look to increase automation and improve efficiency, one of the niche skills gaining traction in India and elsewhere is an ability to work with Pega. A business process management (BPM) tool developed on Java, the Pega platform has seen widespread adoption among several IT developmentintensive industries as it significantly cuts the time required for coding. Demand for Pega-certified...

NEW DELHI: As information technology companies look to increase automation and improve efficiency, one of the niche skills gaining traction in India and elsewhere is an ability to work with Pega. A business process management (BPM) tool developed on Java, the Pega platform has seen widespread adoption among several IT developmentintensive industries as it significantly cuts the time required for coding. Demand for Pega-certified developers is...

MUMBAI: Outsourcing firm EXL Service is considering setting up operations in China and will focus on Europe and Latin America as part of its expansion strategy. "We are considering China as a way to break into Japan and Korea," Rohit Kapoor , chief executive of EXL Service, told ET. "We would also look to grow in continental Europe, Canada and Australia organically. We are looking to diversify. " The...

By Neha Singh Verma, TimesJobs As more and more companies realise the impact of effective business process management, the demand for qualified business process managers will continue to grow... Over the last decade, the BPO industry and careers have evolved from just an outsourcing utility to an innovation hub. This is in all kinds, from technology services to extracting actionable business insights to ensuring long-term client engagements. In its new and improved avatar, it's...

MUMBAI: Outsourcing firm EXL Service is considering setting up operations in China and will focus on Europe and Latin America as part of its expansion strategy. "We are considering China as a way to break into Japan and Korea," Rohit Kapoor , chief executive of EXL Service, told ET. "We would also look to grow in continental Europe, Canada and Australia organically. We are looking to diversify. " The US-listed business process...

MUMBAI: Global IT services provider L&T Infotech today announced a strategic tie-up with IBM in the Business Process Management (BPM) space to offer solutions, including business process modelling and implementation. "Our IBM partnership is in line with our constant endeavour to provide added value to our clients," L&T Infotech Vice-President and Head Technology Abhay Chitnis said in a statement here. The leadership position enjoyed by IBM...

NEW DELHI: Enterprise software firm Software AG, which expects India to play a major role in the growth of its business in the Asia Pacific region, will add over 100 people to its headcount here to tap the local talent pool. The company has over 400 people in the country across research and development, consulting and sales functions. "In 2012, the company expects to grow by 30 per cent over 2011 headcount and the current headcount is over 400 currently,"...

BANGALORE: The BPM industry has potential to double its revenue growth to $42-50 billion and employ 2 million people by 2020, Nasscom President R Chandrashekhar said today. "The BPM industry has potential to double its revenue growth to $42-50 billion and employ two million people by 2020, thanks to dynamic shifts in demand side markets spanning verticals, geographies, customers and services," Nasscom President R Chandrashekhar told...

MUMBAI: As a growing number of outsourcing companies are looking at tier II and III cities for expansion, Ahmedabad, Jaipur, Kochi and Kolkata figure among the most favoured destinations by IT-BPM players. According to a report on the emerging delivery locations in India by IT-ITeS industry body Nasscom and global property consultant Cushman & Wakefield (C&W), these cities are offering better opportunities in terms of business environment, talent,...

NEW DELHI: Improving global economic sentiment and rise in technology spend is expected to drive hiring in the Indian IT-BPM sector, pushing net hiring up up six per cent this year, industry body Nasscom today said. The $ 118 billion IT-BPM sector employs about 5.5 million people, of which 3.1 million are direct employees. Announcing the findings of an HR survey, Nasscom said the Indian IT-BPM industry will increase its net hiring by approximately six per cent...

KOCHI: Aiming to develop the right talent to drive its growth, NASSCOM Sector Skills Council (SSC NASSCOM) has introduced Occupational Analysis Reports for the IT-BPM Industry in Kerala. The announcement in this regard was made in the presence of Chief minister Oommen Chandy , Education Minister P K Abdu Rabb and IT Principal Secretary, P H Kurian, among others. A functional analysis exercise was conducted across sectors, which has...

MUMBAI: As the new Government at the Centre settles down, the $21 billion Business Process Management (BPM) industry wants it to bring in policies that will drive growth in the sector and create jobs. "We look to the new Government and Prime Minister Narendra Modi for further support and encouragement," Nasscom BPM Council Chairman Keshav R Murugesh said in a release here. BPM is the next big opportunity sector in India providing direct plus...

NEW DELHI: IT services firm MphasiS on Wednesday said it has partnered with UK-based software vendor Singularity for using the latter's technology for automation of business processes for its clients. Under the agreement, MphasiS will use Singularity's business process management (BPM) technology to automate processes for clients across sectors like financial services, manufacturing, healthcare, communications, transportation, consumer and retail and energy, MphasiS said in a...

BANGALORE: Newgen Software Technologies expects to increase its market share in the Rs 100 crore business process management (BPM) market from 20% to 40% in the next couple of years. This is expected to be driven by increased adoption of its software by business process outsourcing (BPO) and telecom sectors. Newgen Software focuses on the BPM and document management (DM) market. The company offers a range of workflow, enterprise management, product scanning and data extraction solutions.

MUMBAI: The end-to-end transformation and client centrality in solutions will enable business process management (BPM) to touch $50 billion by 2020 from the present $21 billion, an industry official said. India is expected to be 'nerve centre' or hub of global BPM sourcing industry, developing best practices as social media, enterprise mobility and other new technologies are set to drive demand for specialised services. "We have been...

NEW DELHI: BPO services provider WNS Holdings today reported a net profit of $13.4 million for the fourth quarter ended March 31, 2014. As per the general accounting standards, the company had registered a net profit of $8.2 million in the same quarter last year, WNS said in a statement. Revenues increased 9.3 per cent to USD 130.3 million in the quarter to March from $119.2 million in Q4 FY 2012-13, it added. Revenue improvement was broad-based with the growth rate paced by strength...